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Theme-5 of the Thematic Current Affairs (Economy) Series deals with the ‘Basic Concepts of Economy and Money & Banking’. This segment focuses on recent developments in the given sphere, such as:

• Basic Concepts (Important Terms- Growth, Development, GDP, Inflation, Deficit, BOP and others)
• Money Banking (RBI, Banking functions, Bank rates, Recent Schemes and Initiatives)

As seen in the UPSC previous year's question papers (PYQs), the current affairs are thoughtfully interwoven with the static portion of the syllabus. In this regard, this document would work as an invaluable resource that not only chronicles key developments but also analyzes their impact on the economy.